amnesia 发表于 2025-3-23 11:26:37
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Contractual Relationships Across the Value Chaint-through processing (STP) of transactions. In this chapter, however, we will focus on the legal level, i.e. the regulatory and contractual relationships that are required. At minimum, these are the relationships that are usually established on each layer to execute and process securities transactions along the value chain.Entrancing 发表于 2025-3-23 20:13:08
Global Developments in Equity Trading on individual equities and stock indexes; futures on stock indexes and individual equities; exchange traded funds (ETFs); over-the-counter (OTC) equity swaps; structured derivatives; and some rather unique new products based upon volatility and dividends.针叶树 发表于 2025-3-23 23:34:19
From the End of Bretton Woods to the Global Financial Crisis: 40 Years of Turbulencelization, information technology, rise of institutional investors, and deregulation across the financial sector. Finally, it discusses the ever-growing complexity of the financial system and analyses whether the necessary reform process for banks and the financial infrastructure is complete.arrhythmic 发表于 2025-3-24 03:08:22
Risk and Representation: The Limits of Risk Management in the measurement, management, and transfer of risk in the financial system as well as methodological weaknesses (to say the least) in the regulation of financial institutions. Much has been learned about the (il-)liquidity of markets and its self-reinforcing effects, but the real problem is deeper.Mediocre 发表于 2025-3-24 08:28:12
T2S: Creating a New Post-trade Landscapeo comes with operational risks. Target2-Securities (T2S) sets out to provide an infrastructure which will remove those handicaps. But once the infrastructure is in production starting in 2015, T2S is supposed to act as a game changer which will initiate a sustainable transformation of the whole post-trade securities servicing industry.CAMP 发表于 2025-3-24 13:31:41
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https://doi.org/10.1007/978-3-030-87371-4significant technological innovations emerged that successively walked up the value chain and led to a far-reaching automation of trading processes; first at Sell Side institutions and in a next step by their customers, i.e., Buy Side firms.Aboveboard 发表于 2025-3-24 21:27:10
Security Market Microstructure: The Analysis of a Non-frictionless Marketiterature during Xetra’s planning period (1994–1997), and Xetra’s implementation marked a huge step forward for Germany’s equity markets. Nevertheless, academic research and the design of a real-world marketplace remain works in progress.engrave 发表于 2025-3-25 00:34:34
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